Software Alternatives & Reviews

Kraken VS Poloniex

Compare Kraken VS Poloniex and see what are their differences

Kraken logo Kraken

One of the largest and oldest Bitcoin exchanges in the world, Kraken is consistently named one of the best places to buy and sell crypto online, thanks to our excellent service, low fees, versatile funding options and rigorous security standards

Poloniex logo Poloniex

US-based cryptocurrency exchange with maximum security
Not present
  • Poloniex Landing page
    Landing page //
    2023-09-17

Kraken

Categories
  • Crypto
  • Cryptocurrency Exchange
  • Cryptocurrencies
  • Cryptocurrency Wallets
Website kraken.com

Poloniex

Categories
  • Cryptocurrencies
  • Cryptocurrency Exchange
  • Crypto
  • Cryptocurrency Wallets
Website poloniex.com

Kraken videos

BEST CRYPTO EXCHANGE? Coinbase Pro Vs. Kraken 🥊

More videos:

  • Review - Kraken Exchange Review
  • Review - Kraken Bitcoin & Crypto Exchange REVIEW - Is It Trustworthy in 2021?

Poloniex videos

Poloniex In Depth Exchange Review Part 1 - #Cryptotrader

More videos:

  • Tutorial - Poloniex review - How to trade on Poloniex & make money lending bitcoin
  • Review - Is the Poloniex Cryptocurrency Exchange a Scam? MUST WATCH

Category Popularity

0-100% (relative to Kraken and Poloniex)
Cryptocurrencies
63 63%
37% 37
Crypto
62 62%
38% 38
Cryptocurrency Exchange
67 67%
33% 33
Cryptocurrency Wallets
100 100%
0% 0

User comments

Share your experience with using Kraken and Poloniex. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Kraken and Poloniex

Kraken Reviews

6 Best Coinbase Alternatives for 2022
Kraken, unlike Gemini, markets itself directly to daily traders who do not necessarily need advanced derivatives. Kraken feels like a more approachable Binance. Its inclusion of live support leads the market and makes it a preferred choice for investors new to crypto.
Best Online Brokers for Bitcoin Trading
Kraken - Kraken.com Kraken uses a maker-taker fee schedule with price incentives based on your trading volume over the last 30 days. For example, the average customer who trades less than $50,000 a month will pay $2.60 in fees for every $1,000 in trading volume. Fees for market makers range between 0% and 0.16%, while fees for takers range from 0.10% to 0.26%. This fee...

Poloniex Reviews

We have no reviews of Poloniex yet.
Be the first one to post

Social recommendations and mentions

Based on our record, Kraken seems to be a lot more popular than Poloniex. While we know about 178 links to Kraken, we've tracked only 5 mentions of Poloniex. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Kraken mentions (178)

  • Daily General Discussion - June 20, 2023 (GMT+0)
    You can use kraken.com if you prefer a more beginner-friendly interface, or you can use the pro.kraken.com interface for a more professional trading experience. Source: 9 months ago
  • Scammer Watches $455K Vanish After Wasting 1 Year
    The money wasn't real. Kraken built me a custom environment that made the scammer BELIEVE it was real since it said "kraken.com" on my computer. I also spent hours and hours talking to him and building up the story. Source: 9 months ago
  • Are Bitcoin staking rewards reinvested?
    What the title says, are bitcoin rewards from staking reinvested. Or where are they? Are they paid in fiat or in bitcoin? I assume it's being reinvested because I don't have any money or bitcoin in the account itself. But I'm also looking at some confirmation in writing in kraken.com but I can't see anything. Source: 10 months ago
  • unstaked eth
    Same boat: seems unstaking began & ended 17-APR according to the "Ledger" entries I see on kraken.com, but (1) I still have some relatively small amount of ETH2.S listed as "Staking, Rewards", and (2) despite having 13+ ETH in my Spot wallet, I can only withdraw 0.81856. Would expect to have ALL ETH2.S unstaked (regardless of reward v purchased), and be able to withdraw 100%. What am I missing? Source: 11 months ago
  • Changing leverage on mobile app
    Thanks for reaching out to us with this question. It can be a bit confusing. The Kraken Pro app doesn't currently support the ability to set your own leverage. There you are only able to move the balance you want to use. If you want to adjust the leverage, you can opt to use our classic interface on the web. There you can access the Advanced Order form which will offer you leverage flexibility. Source: 12 months ago
View more

Poloniex mentions (5)

  • Request for people experienced with lawyers subpoenaing Polonium
    Hey guys, I would need to know if anybody has had experiences with a lawyer that did subpoena Polonium, specifically the former US corporation Poloniex LLC in Boston, MA, USA. We need them to help us identifying the holder of a wallet hosted on their website back in 2017 because that wallet received stolen Bitcoins that belonged to us. I understand that some years ago they moved to Panama, but I believe that the... Source: about 1 year ago
  • How do I recover my money from gmoglobal.com scam ,gmoglobal.vip scam , gmoglobal.top scam, and DirectEdge Scam
    It is crazy to think these scammers can still contact me after I have recovered my money from them. They used https://www.polex-pro.com/dist/#/ to contact me with the hope I would invest . Note that this is a clone of the main site https://poloniex.com/. I hope people out there know that www.polex-pro is a scam and clone of the original site poloniex.com . Source: over 1 year ago
  • So you’ve learned the basics of bitcoin,
    High-volume exchanges include Coinbase, Bitfinex, Bitstamp and Poloniex. For small amounts, most reputable exchanges should work well. Source: almost 3 years ago
  • Is Poloniex.com safe?
    I'm new to the Community and very happy to be here... I wanted to know is poloniex.com for dogelon? I have over 500 million there. Thanks. Source: almost 3 years ago
  • Dogecoin starter experience
    I tried Poloniex, which again took too much fees for sending away coins, also their option to sell-to-fiat, was eventully a coin-send to Simplex which costed me 25€ in Bitcoins, plus additional 5€ for withdrawing my Fiat via SEPA. Source: almost 3 years ago

What are some alternatives?

When comparing Kraken and Poloniex, you can also consider the following products

Coinbase - Bitcoin, safe and easy.

Binance - Cryptocurrencies exchange platform

Exodus.io - All-in-one app to secure, manage and exchange blockchain assets.

Kucoin - Find the Next #Crypto Gem on #KuCoin, the People's Exchange

Uphold - Move, convert, transact and hold any form of money or commodity. Instantly, securely and for free.

Bitfinex - Bitfinex is the largest and most advanced crypto-currencies trading platform.